The Maximin Principle Is Influential Among Philosophers but Less So

question 38

Multiple Choice

The maximin principle is influential among philosophers but less so among economists because economists contend that:

• A) a little bit less income for the worst-off might be acceptable if it comes with a big enough gain to others.
• B) lower average income might be acceptable if income is more equally divideB.
• C) higher average income is always better.
• D) a larger income inequality may be acceptable if the worst-off are less productive.

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Definitions:

Inflated

Increased or exaggerated beyond reasonable or normal limits, often referring to prices, ego, or statistics.

Radiograph

A record produced on a photographic plate, film, or paper by the action of X-ray or radium.

Photographic Plate

An early type of photography that uses a flat glass surface coated with a photosensitive chemical to capture images, now mostly replaced by digital methods.

Radium

A naturally occurring radioactive metal that was historically used in cancer treatment due to its radiation.